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Dena Bank (DENA.NS)

DENA.NS on National Stock Exchange of India

12.65INR
7 Mar 2019
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Latest Key Developments (Source: Significant Developments)

Bank Of Baroda Approves Fair Equity Share Exchange Ratio For Merger Of Dena Bank and Vijaya Bank With Co
Wednesday, 2 Jan 2019 

Jan 2 (Reuters) - Bank of Baroda Ltd ::APPROVED FAIR EQUITY SHARE EXCHANGE RATIO OF 402 SHARES OF CO FOR EVERY 1,000 SHARES OF OF VIJAYA BANK.  Full Article

Dena Bank Approves Fair Equity Share Exchange Ratio For Merger With Bank Of Baroda
Wednesday, 2 Jan 2019 

Jan 2 (Reuters) - Dena Bank : :APPROVED FAIR EQUITY SHARE EXCHANGE RATIO OF 110 SHARES OF 2 RUPEES EACH OF BANK OF BARODA FOR EVERY 1,000 SHARES OF 10 RUPEES EACH OF CO.  Full Article

Bank Of Baroda To Consider Amalgamation With Vijaya Bank, Dena Bank
Tuesday, 18 Sep 2018 

Sept 18 (Reuters) - Bank Of Baroda ::RECEIVED A COMMUNICATION FROM MINISTRY OF FINANCE, GOVERNMENT OF INDIA REGARDING AMALGAMATION WITH VIJAYA BANK, DENA BANK.MEETING OF BOARD OF DIRECTORS TO CONSIDER AMALGAMATION WILL BE CONVENED BY BANK SHORTLY.  Full Article

Devki Leasing & Finance Gets Letter From Asset Reconstruction Co For Settlement Of Dues
Wednesday, 27 Jun 2018 

June 27 (Reuters) - Devki Leasing And Finance Ltd ::GOT LETTER FROM ASSET RECONSTRUCTION CO (INDIA) FOR SETTLEMENT OF DUES OF 10 MILLION RUPEES.GOT FINANICAL ASSISTANCE VIA LOAN WORTH 6 MILLION RUPEES FROM VELOCITY PVT LTD FOR SETTLEMENT OF DUES.THE DUES ARE IN RELATION TO WORKING CAPITAL LOAN TAKEN FROM DENA BANK.  Full Article

India's Dena Bank March-Qtr Loss Widens
Friday, 11 May 2018 

May 11 (Reuters) - Dena Bank ::MARCH QUARTER NET LOSS 12.25 BILLION RUPEES VERSUS LOSS OF 5.75 BILLION RUPEES LAST YEAR.SAYS CO NOT RECOMMENDED ANY DIVIDEND FOR FY 2017-18.MARCH QUARTER INTEREST EARNED 20.67 BILLION RUPEES VERSUS 22.97 BILLION RUPEES LAST YEAR.MARCH QUARTER PROVISIONS 19.91 BILLION RUPEES VERSUS 9.72 BILLION RUPEES LAST YEAR.MARCH QUARTER PROVISIONS FOR NON-PERFORMING ASSETS 21.51 BILLION RUPEES VERSUS 8.78 BILLION RUPEES LAST YEAR.MARCH QUARTER GROSS NPA 22.04 PERCENT VERSUS 19.56 PERCENT PREVIOUS QUARTER.MARCH QUARTER NET NPA 11.95 PERCENT VERSUS 11.52 PERCENT PREVIOUS QUARTER.  Full Article

India's Dena Bank Posts Dec-Qtr Loss
Wednesday, 14 Feb 2018 

Feb 14 (Reuters) - Dena Bank ::DEC QUARTER NET LOSS 3.80 BILLION RUPEES VERSUS PROFIT OF 353.1 MILLION RUPEES LAST YEAR.DEC QUARTER INTEREST EARNED 22.60 BILLION RUPEES VERSUS 25.91 BILLION RUPEES LAST YEAR.DEC QUARTER PROVISIONS 10.99 BILLION RUPEES VERSUS 4.84 BILLION RUPEES LAST YEAR.DEC QUARTER PROVISIONS FOR NON-PERFORMING ASSETS 10.44 BILLION RUPEES VERSUS 4.27 BILLION RUPEES LAST YEAR.DEC QUARTER GROSS NPA 19.56 PERCENT VERSUS 17.23 PERCENT PREVIOUS QUARTER.DEC QUARTER NET NPA 11.52 PERCENT VERSUS 10.61 PERCENT PREVIOUS QUARTER.SAYS APPROVES PROPOSAL FOR RAISING SHARE CAPITAL BY WAY OF PREFERENTIAL ISSUE OF SHARES UP TO 30.45 BILLION RUPEES TO GOVERNMENT OF INDIA.  Full Article

India's Dena Bank Sept-qtr loss widens
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Dena Bank ::Sept quarter net loss 1.85 billion rupees versus loss of 443.2 million rupees last year.Sept quarter interest earned 22.22 billion rupees versus 26.07 billion rupees last year.Sept quarter provisions 7.37 billion rupees versus 5.42 billion rupees last year.Sept quarter provisions for non-performing assets 6.52 billion rupees versus 5.54 billion rupees last year.Sept quarter gross NPA 17.23 percent versus 17.37 percent previous quarter.Sept quarter net NPA 10.61 percent versus 11.22 percent previous quarter.  Full Article

Dena Bank says LIC of India raises stake to 14.251 pct
Monday, 25 Sep 2017 

Sept 25 (Reuters) - Dena Bank ::Says LIC of India raises stake in co by 4.516 percent to 14.251 percent.  Full Article

India's Dena Bank gets members' nod to raise capital of INR 18 bln via QIP
Thursday, 29 Jun 2017 

June 29 (Reuters) - Dena Bank ::Gets members' nod to raise capital of INR 18 billion through QIP.  Full Article

India's Dena Bank says RBI begins "corrective action" for bank over high bad loans
Friday, 2 Jun 2017 

June 2 (Reuters) - Dena Bank :Says RBI initiated prompt corrective action (PCA) for Dena Bank in view of high net NPA and negative RoA.Says action will not have material impact on the performance of the bank.  Full Article

India's Bank of Baroda Q3 profit surges four-fold, but misses estimate

Jan 29 Bank of Baroda Ltd said on Tuesday its third-quarter net profit more than quadrupled, but missed estimate as the Indian lender set aside higher provisions for bad loans.